We investigate cyclical changes in workers' task portfolios, highlighting their direction, magnitude, and distribution. Task changes are not only very common but provide information about the skills required across jobs. During recessions, a larger share of employer switches do not involve task...

This paper investigates the role of family firms in the fall of the labor share and rise in corporate saving in Germany from 1993 to 2019. Combining a new Family Ownership and Governance (FOG) database with financial data, we analyze 929 publicly listed firms. Our findings show that firm-level...

In this study we evaluate the effects of low-skilled immigration on small businesses, wages and employment in Germany. We develop a search and matching model with heterogeneous workers, cross-skill matching, and endogenous entry into entrepreneurship. The model is calibrated using German...

This study examines the dynamics of the German university system, focusing on the competition between public and private universities and the impact of institutional boundaries. Utilizing concepts from organizational, institutional, and competition theory, we conceive a framework to explore...

While climate change is widely considered as a major challenge for societies, another pressing global environmental problem, i.e. the loss of biodiversity, is often given less attention despite its strong negative consequences for ecosystems and thus for human life. In light of the strong...

This paper examines the impact of Germany's nationwide 9-Euro-Ticket, a temporary almost fare-free transport ticket, on highway passenger traffic. Using a difference-in-differences approach, we find a significant reduction of approximately 4.5%, primarily driven by decreased weekend traffic....

In December 2020, Germany implemented a policy restricting online pharmacies from offering rebates on prescription drugs to members of the statutory health insurance. This policy change created a natural experiment, allowing us to analyze its impact on the pharmaceutical market using...

This study examines the dynamics of the German university system, focusing on the competition between public and private universities and the impact of institutional boundaries. Utilizing concepts from organizational, institutional, and competition theory, we conceive a framework to explore...

Due to rent control, the primary landlord-tenant dilemma prevents landlords from recovering costs of energy-efficiency retrofits, which mainly benefit tenants. This necessitates tenancy law to allocate retrofit and energy costs adequately. We analyze the impact of Germany's current system and...